https://www.tradingview.com/x/lPFw0vKq/ Hello,Traders! EUR-NZD has hit a horizontal Support level of 1.8253 and We are already seeing a Bullish rebound so we Will be expecting a Further local move up Buy! Comment and subscribe to help us grow! Check out other forecasts below too!
Bitcoin futures are threatening to break out of the falling wedge established in early December, testing resistance during Asian trade. With RSI (14) through its downtrend and MACD set to cross over from below imminently, momentum is swinging in favour of the bulls, bolster the case for upside. If we see a clean downtrend break, longs could be established with a tight stop beneath for protection. Depending on the risk-reward sought, potential targets include the highs set in early January or record high of $108,945. If the price is unable to break and hold above the downtrend, it would lessen the appeal of initiating longs. Good luck! DS
Technical Analysis Overview: 1-Hour Chart: * Trend: DIA has broken out of a descending wedge pattern and is approaching resistance near $433. * Indicators: * MACD: Bullish momentum is weakening, with the histogram contracting. * Stochastic RSI: Overbought, indicating a possible short-term pullback or consolidation. 30-Minute Chart: * Price Action: * DIA is trading near $433, a key resistance level, with support around $427. * The breakout from consolidation has been supported by increasing volume. Key Levels to Watch: Support Levels: * $427: Immediate support zone, also the HVL (highest volume level). * $424: Strong PUT support level (-4.92% GEX). * $419: Major support aligned with the 3rd PUT Wall. Resistance Levels: * $433: Immediate resistance, coinciding with the highest positive NETGEX level. * $437: Next resistance zone (GEX7). * $440: Major resistance aligning with the 3rd CALL Wall. GEX Insights: https://www.tradingview.com/x/kFcq0j9c/ Key Gamma Levels: * Positive Gamma Walls (Resistance): * $433: Key resistance and the highest positive NETGEX. * $437: 55.86% GEX (2nd CALL Wall). * $440: 39.89% GEX (3rd CALL Wall). * Negative Gamma Levels (Support): * $427: Immediate support zone (-23.78% GEX). * $424: Strong PUT Wall (-4.92% GEX). * $419: Significant support level (-3.33% GEX). Options Metrics: * IVR: 22.6, reflecting low implied volatility. * IVx: 14.5, well below average, indicating muted price fluctuations. * Call/Put Bias: Puts dominate at 29.2%, indicating mixed sentiment. Trade Scenarios: Bullish Scenario: * Entry: Above $433 with volume confirmation. * Target: $437-$440. * Stop-Loss: Below $427 to limit risk. Bearish Scenario: * Entry: Rejection at $433 or breakdown below $427. * Target: $424-$419. * Stop-Loss: Above $437 to control losses. Directional Bias: * DIA’s breakout above the descending wedge indicates bullish potential. However, the overbought Stochastic RSI suggests caution near $433 resistance. A confirmed breakout could lead to $437-$440, while a rejection may pull prices back to $427 or lower. Conclusion: DIA is at a critical resistance level near $433. Traders should monitor volume and momentum for a breakout or rejection. The gamma landscape supports further upside if $433 is cleared, but a failure to hold could lead to a retest of $427-$424.
Hello my dear friends Gold will decide its next move after breaking our "no trade range" it breaks through above our range or below If any candle breaks and close above our range and next candle breaks its high then we can take long shot easily Same if any candle break and close below our range and next candle breaks its low then we can take Short entry GOOD LUCK WITH THAT !
Der Goldpreis setzt seinen Anstieg fort, unterstützt durch die niedrigeren als erwarteten US-Kernverbraucherpreisindexdaten (CPI). Zum 16. Januar stieg der Goldpreis auf 2.697 USD/Unze und setzt damit den positiven Trend der vorherigen Sitzung fort. Fundamentale Perspektive: Laut den neuesten Daten des US-amerikanischen Bureau of Labor Statistics stieg der Kern-CPI im Vergleich zum Vorjahr um 3,2 %, weniger als die prognostizierten 3,3 %. Dies reduzierte den Inflationsdruck und stärkte die Erwartungen, dass der Zinssenkungszyklus der US-Notenbank (FED) weitergehen könnte. Bart Melek von TD Securities kommentierte, dass die niedriger als erwarteten CPI-Daten ein positives Signal für Gold seien, da sie den US-Dollar schwächen und Gold für Anleger, die andere Währungen halten, attraktiver machen. Technische Analyse: Im 4-Stunden-Chart handelt Gold über den EMA 34 und EMA 89, was auf eine anhaltende Aufwärtstendenz hindeutet. Der Preis nähert sich dem Widerstandsbereich auf dem Fibonacci-Niveau von 61,8 % bei etwa 2.707 USD. Sollte dieses Niveau durchbrochen werden, könnte der Goldpreis das Ziel von 2.785 USD (Fibonacci-Extension 1,618) erreichen. Falls der Preis an diesem Widerstand abgelehnt wird, könnte er in den Unterstützungsbereich von 2.660-2.670 USD zurückfallen. Handelsstrategie: Kauf: Wenn der Preis den Unterstützungsbereich von 2.670 USD testet, mit kurzfristigem Ziel bei 2.707 USD und langfristigem Ziel bei 2.785 USD. Stop-Loss: Unterhalb von 2.655 USD, um das Risiko zu begrenzen. Der Goldmarkt bleibt empfindlich gegenüber wirtschaftlichen Nachrichten, insbesondere Kommentaren der FED und den kommenden Inflationsdaten, die den weiteren Kurs des Goldpreises bestimmen werden.
Bias: Bullish USD News: -Core Retail Sales m/m -Retail Sales m/m -Unemployment Claims Analysis: -Price closed strong bullish on previous daily -Looking for price to retest 4hr structure low -Looking for BUY if there's confirmation on lower timeframe -Pivot point: 2670 Disclaimer: This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
Some people are asking about a short-term correction, a pull-back and lower prices in the coming weeks and days. What do you say? Absolutely! It is possible to see a correction but this is not confirmed. Remember, we have a sideways channel, a trading range. If we go with the scenario that the market is consolidating until late February, then we still have plenty of time for more "noise," price swings. But, any swings would still remain within our sideways range breaching only slightly the lower support. Let me explain. Say prices move lower and back to test our 90K support. Something similar as just happened recently; prices can move down, wick below support, create a new low just to resume going up. Then it goes up and tests the upper boundary of the trading range. The upper boundary sits around 100,000 and 108,000. And this pattern repeats until the market breaks. You can call it a retrace, a correction or simply additional sideways and long-term consolidation. This is all noise. When the next move develops, it will be a bullish breakout and Bitcoin will grow. Bitcoin is bullish and consolidating in preparation for the its next rise. It can happen within 2 weeks just as it can take an entire month or more. Only the market knows when it is ready to move. Think of late February, something like 23rd February for a chart, market, that is 100% bullish and fully confirmed. For now, Bitcoin is bullish and moving higher. No corrections are present, a retrace just ended three days ago. The bullish move can last for days or weeks, testing resistance over and over, if resistance holds, then another test of support. Again, sideways/consolidation. When this period is over, Bitcoin will end up breaking up. The proof is in the Altcoins, we are seeing massive growth around the Altcoins. The Altcoins would never grow if Bitcoin was set to crash. The Altcoins are growing because Bitcoin is growing; Bitcoin is growing because we have a bullish market, bullish dynamics, bullish sentiment and favorable conditions developing all across. Bet on the upside. We are going up. But, what about the correction? It can happen, it just isn't happening and we are now at 100K. Hitting 100K is a strongly bullish development, why the sudden change? If you want to lose money just go bearish, the whales are more than happy to take your money away. If you want to make money stay bullish... Numbers don't lie, look at the volume; we are going up! Namaste.
The quantum computing hype is real. Incredible short term gains and incredible mid to long term risk. Companies such as NASDAQ:RGTI and NYSE:IONQ have promising technological/industrial prospects that justify the excitement but NASDAQ:QUBT Quantum Computing Inc. is not one of those companies. They are not a quantum computing company as the name suggests. The same entity has changed their "business model" multiple times with each coming trend to no success. Before quantum computing they were involved with beverage distribution as "Innovative Beverage Group Holding, Inc.", selling printer ink, and they made a brief attempt at AI. Notes : - Iceberg Research discovered that the foundry Quantum Computing Inc. listed on their website and cited in a press release was actually just a small office building clearly incapable of producing TFLN wafers (or any sort of mass production for that matter). "In September 2023, QUBT told investors that the location for its “new facility is on five acres within the extensive 320-acre research park hosted by ASU”. However, the entire entire 2050 building is barely more than an acre, let alone Suite 107 in the building. At that time, production was supposed to start in the first half of 2024." I encourage you to read the full report (link below). - QUBT's revenue for 2024 was only $300K. Their market cap is currently $1.5 Billion. Technical Analysis While the fundamental analysis was enough to convince me to enter a put position, the TA is also promising. The "pump" caused by recent quantum computing hype is not the only pump and dump in QUBTs recent history. There are two very similar patters that have occurred since Jan 2018. Interestingly, the 50 SMA crossing above the 200 SMA on the weekly timeframe has signaled the peak of both movements. As for the current movement, the SMAs are expected to cross by next week at the latest. As you can see in the chart, the cross (and peak) are followed by a drastic rejection and then a retracement to the 38.2 fib level. As of today, price is currently between the 50 and 38.2 retracement levels. In the short term, it is possible that price will enter the volume gap created on 08 Jan and potentially fill up to $16.25. This break above the 38.2 fib level will be of key interest to anyone seeking entry into a short or put position. As you can see in the 2021 movement, price did indeed break above the level, fell short of retesting highs, and initiated a reversal and 78% drop. Only after this did QUBT retest and reject off of the 38.2 fib level and proceed to drop another 86%. https://iceberg-research.com/2024/11/27/quantum-computing-inc-the-phantom-chip-foundry/ https://www.globenewswire.com/news-release/2018/07/11/1536074/0/en/UPDATE-Innovative-Beverage-Group-Holdings-Inc-Announces-Corporate-Name-Change-to-Quantum-Computing-Inc-to-Reflect-Shift-in-Business-Focus-Symbol-Change-to-QUBT-and-200-1-Reverse-St.html
This is silver. Every candle or red/green line, called a candle, represents one month each. If you’ve never studied technicals in trading, this is called an Elliott wave. Elliott believed the market moved in 5 waves of upwards momentum followed by 3 correctional downward moves. The bottom of these moves looks like a “W” or sometimes just a “V”. I can tell you based on this chart, silver is starting its biggest profit wave, wave 3. The move will progress for the next 4 years. So the TLDR is buy silver. The precious medal is in route to make massive gains over the next 4 year.
Attention traders! XAUUSD is on fire, setting new highs with precision! Check this out: XAUUSD Insight: Locked in a fierce contest between 2697 and 2690. Is a breakout near? ? Downside Watch: ? Stay cautious for potential drops if it dips below this range! ? Targets: 2678. ? Upside Watch: ? Look for buying signals if it rises above! ? Targets: 2715, 2720. ? Engage with Us: ? Share your thoughts as we navigate this exciting market! ? Let’s achieve greatness together! ?✨